Understanding Your Financial Documents

    Understanding your financial numbers is critical to any business but especially to a small business trying to keep cash flowing. Topics addressed in this workshop include: Understanding of cash flow projections and budgeting Developing forecasts and a one-year cash flow projection Reading and interpreting an income statement and balance sheet *Intended Audience: Startup      

Continue reading

Women-Owned Business Certifications: Making Sense of the new WOSB/EDWOSB Requirements

Join the Maryland Women’s Business Center, Women’s Business Center at Community Business Partnership, and Virginia Procurement Technical Assistance Center for a colalborative webinar deciphering the new Women-Owned Small Business (WOSB) and Economically Disadvantaged Women-Owned Small Business (EDWOSB) certification requirements. Recently the SBA changed the process for qualifying for WOSB and EDWOSB.  There is a lot of misinformation and lack of clarity about these changes that may impact your status as a WOSB/EDWOSB.  This webinar will clear up some of the confusion and help guide you on how to become a certified WOSB/EDWOSB. Some topics covered will be: How do I use 3rd party certification? Where do I apply for certification? What are the important deadlines for certification? How long am I self certified? About our presenter: Ms. Lisa Wood holds a MBA from the University of New Haven and a BSBA through the Robert Morris University of Pittsburgh. Lisa is currently pursuing her PhD…

Continue reading

Free Webinar: Introduction to Entrepreneurship and Orientation to MWBC

    Becoming a successful entrepreneur requires hard work and thorough planning. During this workshop we will: Examine the characteristics of successful entrepreneurs. Clarify some of the myths and realities of small business ownership. Start a self-assessment to determine your readiness to become a small business owner. Set a plan of action to complete your self-assessments by seeking feedback from stakeholders, such as family, friends, and potential customers. Describe the services provided by the Maryland Women’s Business Center and other local resources that can aid you in starting and growing your business. If you are just starting your entrepreneurial journey, we recommend that you take this workshop first. Intended Audience: Pre-venture Note Our Policies: Pre-registration is required. Once you register for the event you will receive a separate email requesting that you complete a brief pre-event survey. You must complete this survey in order to receive the link to the webinar.…

Continue reading

Steps to Start Your Business – Prince George’s County

  Discover what it really takes to start your own business. This newly re-designed workshop walks you through the steps you need to take to get your startup up and running. Topics addressed include: Writing a business plan Funding your business Legal considerations Registering your business in Maryland Obtaining your federal tax ID Forming a B.A.I.L. team Managing risk Marketing your business Intended Audience: Pre-Venture Steps to Start Your Business is the second workshop in our “Plan and Start Your Business” series. It is recommended that you take workshops in the following order: Introduction to Entrepreneurship and MWBC Steps to Start Your Business Develop Your Business Plan Market Your Business on a Budget   Note Our Policies: Refunds or comps are available for classes cancelled by MWBC. All other refunds are not provided. MWBC only accepts credit card payments for training sessions. Attendees will not be permitted to enter the…

Continue reading

Free Orientation to MWBC and Introduction to Entrepreneurship – Prince George’s County

    Becoming a successful entrepreneur requires hard work and thorough planning. During this workshop we will: Examine the characteristics of successful entrepreneurs. Clarify some of the myths and realities of small business ownership. Start a self-assessment to determine your readiness to become a small business owner. Set a plan of action to complete your self-assessments by seeking feedback from stakeholders, such as family, friends, and potential customers. Describe the services provided by the Maryland Women’s Business Center and other local resources that can aid you in starting and growing your business. If you are just starting your entrepreneurial journey, we recommend that you take this workshop first. Intended Audience: Pre-venture   Develop Your Business Plan is the third workshop in our “Plan and Start Your Business” series. It is recommended that you take workshops in the following order: Introduction to Entrepreneurship and MWBC Steps to Start Your Business Develop…

Continue reading

[SOLD OUT] Develop Your Business Plan Intensive Series (6-week evening workshop) – Prince George’s County

    A business plan is a road map to steer your business in the right direction and an essential component of success. It is also the key to securing funding from banks and investors. Receive personalized guidance in writing a business plan for your business during this six-week intensive series. You will finish the series with a complete business plan in hand to guide you through the growth of your business. Course topics include: Business Introduction and Description Market Analysis Segmentation/Targeting Competitive Advantage & Description of Offering Marketing Plan, Selling Model, & Product Launch Operations and Organization Financial Analysis & Sales Projections To finish the business plan in the six weeks allotted, students are expected to complete assigned tasks in the classroom, complete homework assignments, come to class prepared, and ask for help when needed. A laptop or tablet computer is not necessary, but it is helpful to have…

Continue reading

Develop Your Business Plan – Prince George’s County

  Please note: REGISTRATION DEADLINE IS NOON ON MONDAY, JAN. 13. A business plan is a road map to steer your business in the right direction and an essential component of success. It is also the key to securing funding from banks and investors. Writing your business plan requires a holistic analysis of your business, which we will detail in this course. Topics include:  Business mission, vision and values  Market/competitive analysis Marketing goals  Business operations and organizational structure  Financial analysis and sales projections  Small business accounting and compliance  *Intended Audience: pre-venture, startup  Develop Your Business Plan is the third workshop in our “Plan and Start Your Business” series. It is recommended that you take workshops in the following order: Introduction to Entrepreneurship and MWBC Steps to Start Your Business Develop Your Business Plan Market Your Business on a Budget   Note Our Policies: This workshop will take place at Bowie City Hall. Walk-ins are not permitted. YOU MUST…

Continue reading

ABCs of Starting a Business – Prince George’s County (evening workshop)

  Discover what it really takes to start your own business. This workshop lays the foundation for starting up your very own business in the state of Maryland! Topics addressed in this workshop include: Advance Planning Assessing if entrepreneurship is right for you Conducting market research Calculating startup costs Build Your Business Determining business structure and registering your business both at the federal and state levels Choosing a business name Marketing your business Building a support team Corporate Formalities & Legal Considerations Legal considerations such as trademarks, resident agents, and foreign qualifications *Intended Audience: Pre-Venture, Startup   Note Our Policies: Refunds or comps are available for classes cancelled by MWBC. All other refunds are not provided. MWBC only accepts credit card payments for training sessions. Attendees will not be permitted to enter the classroom until payment is received. Walks-in registrations are accepted only at the Montgomery County location. Register early…

Continue reading

WEgrow Maryland Leadership Program, sponsored by CapitalOne – Prince George’s County

WEgrow Maryland (Women Entrepreneurs Grow Maryland), sponsored by CapitalOne, helps competitively position female entrepreneurs for success as they scale their companies into the growth phase of their business life-cycle. The focus of the series is on leadership, longer-term strategic planning and the identity shift from entrepreneur/startup to powerful, successful CEO of a company with a growth mindset. It provides exposure to leadership best practices and operational business guidance that can be immediately implemented in the workplace and position a company for next-level growth. Applicants and their companies must meet the following criteria: Be a female business entrepreneur who owns, operates, or holds a C-level position and directly influences the organization’s strategic decisions; Earn an annual revenue between $150k-$500k; Desire to grow or sell business; Staff at least one employee in addition to the owner; Commit to attending all six sessions (two full-day sessions & four morning sessions) in Rockville or…

Continue reading

WEgrow Maryland Leadership Program, sponsored by CapitalOne – Prince George’s County

WEgrow Maryland (Women Entrepreneurs Grow Maryland), sponsored by CapitalOne, helps competitively position female entrepreneurs for success as they scale their companies into the growth phase of their business life-cycle. The focus of the series is on leadership, longer-term strategic planning and the identity shift from entrepreneur/startup to powerful, successful CEO of a company with a growth mindset. It provides exposure to leadership best practices and operational business guidance that can be immediately implemented in the workplace and position a company for next-level growth. Applicants and their companies must meet the following criteria: Be a female business entrepreneur who owns, operates, or holds a C-level position and directly influences the organization’s strategic decisions; Earn an annual revenue between $150k-$500k; Desire to grow or sell business; Staff at least one employee in addition to the owner; Commit to attending all six sessions (two full-day sessions & four morning sessions) in Rockville or…

Continue reading